Dr Vu Trong Hung*
1. Vietnam-India relations - timeless friendship
Vietnam and India have such a long traditional friendship, which is always nurtured by the two nations. On October 17, 1954, India opened its Consulate General in Hanoi. In 1956, Vietnam established the Consulate General in New Delhi. On January 7, 1972, the two countries formally established diplomatic relations. In 2007, Vietnam and India established “Strategic Partnership”, which was then upgraded to “Comprehensive Strategic Partnership” in September 2016. Since then, regular contacts between the two countries have taken the partnership to new heights in the context of a "free and open Indo-Pacific Ocean".
2. Vietnam - India promote agricultural economic cooperation to new heights
Both countries assert the important role of the agricultural economy and promote bilateral cooperation, such as cooperation in training high-quality human resources, transferring advanced cultivation techniques, etc. Vietnam imports aquaculture products, buffalo meat, vegetables, and animal feed from India; India imports fruits, vegetables, coffee, black pepper, cashew nuts, seafood, etc. from Vietnam.
By 2017, India’s total investment in Vietnam reached 756 million USD, with 168 investment projects, ranked 28/126 countries and territories investing in Vietnam, which focus on agricultural product processing, mining, petroleum, information technology, etc. Currently, Vietnam has 7 investment projects in India, with total capital of 6.15 million USD, which focus on animal feed distribution, building materials distribution, cosmetics, and IT products. So far, the two countries have become each other’s important trading partners and are aiming for bilateral trade target of 15 billion USD by 2020./.
* Institute of Vietnam Communist Party History, Ho Chi Minh National Academy of Politics